energy

Copel's recurring EBITDA climbs 35% in third quarter on tariff reset

Copel's recurring net income rose nearly 80% in the third quarter of 2026, helped partly by a June tariff reset, according to TradingView.

the same feed is available to bots and dashboards through the api. connect the api →

what happened

According to TradingView, Companhia Paranaense de Energia (Copel) reported recurring net income of R$673 million for the third quarter of 2026. That is up 79.6% from R$375 million a year earlier. Recurring EBITDA rose 35.0% to R$1.8 billion from R$1.3 billion.

The distribution unit drove most of the gain, with its recurring EBITDA up 70.2% to R$1.1 billion. The company links this to a June tariff reset and 5.8% growth in billed grid market volume. Capital expenditure for the quarter was R$991 million, and the sale of the Dona Francisca stake brought in R$151 million in cash.

why it matters

Part of the profit growth reflects the one-off effect of the tariff reset, so investors will watch whether the momentum holds in coming reports. Net debt to EBITDA of 2.7x sits below the 2.9x midpoint of the long-term target, leaving room for the investment plan.

market impact

Copel shares: strong profit growth supports the stock, though part of the gain is a one-off tariff effect

  • Copel shares (CPLE3) mixed — strong profit growth supports the stock, but part of the gain comes from a one-off tariff reset

tags

instruments

CPLE3

sources

  1. Companhia Paranaense de Energia (CPLE3) Q3 Recurring EBITDA Rises 35.0% to R$1.8B — TradingView, 13 November 2026 at 00:05 UTC

prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.

alerts on your topics, the morning digest and the api — in your account.

get stories in real time ↗